🎉 Rho X is now LIVE!
Learn more

Trade funding rates

Hedge funding rate risk

Fix staking rate rewards

in Rho X

Rho is a decentralized crypto-native interest rate derivatives market with a unique product lineup and maximum capital efficiency

Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding

Two Platforms, One mission

Start exploring next-gen features on Rho X [Beta]. Meanwhile, Rho Protocol (V1) remains supported for a smooth and secure transition.

Hybrid rates trading infrastructure with deep liquidity, cross-margining, gasless trading, and other professional-grade features.
The first fully on-chain vAMM DEX for fixed rates — the trusted foundation for crypto rate markets

The upgrade you didn’t know you needed — until now.

Hybrid Exchange Infrastructure

Instant execution with full control over order execution — while funds are secured on Ethereum

Trade Instantly

Stablecoin Collateral Available (USDT/USDC)

Deposit and trade directly in dollars. No need to hold or hedge BTC/ETH spot, making trading cheaper, simpler and more neutral.

Deposit USDT/USDC

Unified Margin Account

One account for all products in a category. Manage capital with maximum simplicity and speed.

Use Unified Margin

Cross-Margining

All your open positions offset each other, dramatically improving capital efficiency and reducing margin requirements.

Improve Capital Use

Professional-Grade Tools & Interface

Advanced order types, professional dashboard, and a trader-first UI designed for both active and institutional users.

Use Advanced Tools
Rho Vault

For passive yield seekers

Deposit USDC or USDT into the Rho Liquidity Vault and earn protocol trading fees—no active trading, no stress.
Optimize returns with zero directional risk.
Get rewarded from trading and liquidation activities.
No lock-up period. Withdraw your funds whenever you choose.
Enter Rho Vaults
APY
57%
TVL
$1.5M
Deposit & Withdraw Fee
0%

Rho Protocol

Explore Rate Trading as a New Asset Class

Access unique leveraged interest rate trading opportunities with Rho Protocol. Explore the opportunities presented by the largest TradFi asset class now available in Web3

Trade Perp Funding with Rho Rate Futures

Master funding rates volatility on Binance, OKX, ByBit, and other CEX and DEX. Enhance returns on your perp positions and monetize your market views with leverage

Consistent Staking Returns

Embrace the reliability of Fixed Rate Staking. Enjoy steady staking rewards with Rho Protocol, combating the uncertainty of crypto markets with the stability seen in traditional finance

DeFi’s leading interest rate derivatives powerhouse

Security

We have successfully completed a smart contract audit with Oxorio, one of the world’s leading blockchain security firms, specializing in smart contract audits.
Check Oxorio Report
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